Wells Fargo & Company Cuts J.B. Hunt Transport Services (NASDAQ:JBHT) Price Target to $305.00

J.B. Hunt Transport Services (NASDAQ:JBHT) had its target price reduced by Wells Fargo & Company from $335.00 to $305.00 in a research note issued to investors on Wednesday morning,Benzinga reports. They currently have an overweight rating on the transportation company’s stock.

Other research analysts have also issued research reports about the stock. JPMorgan Chase & Co. lifted their price target on shares of J.B. Hunt Transport Services from $280.00 to $313.00 and gave the company an “overweight” rating in a research note on Thursday, July 16th. Stifel Nicolaus increased their price objective on shares of J.B. Hunt Transport Services from $225.00 to $261.00 and gave the stock a “hold” rating in a research report on Monday, July 13th. Stephens raised their price objective on shares of J.B. Hunt Transport Services from $360.00 to $370.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. Citizens Jmp assumed coverage on shares of J.B. Hunt Transport Services in a research report on Wednesday, July 15th. They issued a “market perform” rating on the stock. Finally, The Goldman Sachs Group set a $261.00 target price on shares of J.B. Hunt Transport Services in a research note on Thursday, July 16th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, J.B. Hunt Transport Services presently has a consensus rating of “Moderate Buy” and a consensus target price of $284.17.

J.B. Hunt Transport Services Stock Down 1.1%

Shares of J.B. Hunt Transport Services stock opened at $234.25 on Wednesday. J.B. Hunt Transport Services has a 1 year low of $130.12 and a 1 year high of $299.76. The business has a 50-day moving average of $272.03 and a two-hundred day moving average of $256.39. The company has a market capitalization of $22.00 billion, a P/E ratio of 33.18, a price-to-earnings-growth ratio of 1.88 and a beta of 1.29. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.26 and a quick ratio of 1.26.

J.B. Hunt Transport Services (NASDAQ:JBHT) last released its quarterly earnings data on Wednesday, July 15th. The transportation company reported $1.91 earnings per share for the quarter, beating the consensus estimate of $1.71 by $0.20. J.B. Hunt Transport Services had a return on equity of 18.75% and a net margin of 5.31%.The business had revenue of $3.50 billion for the quarter, compared to analysts’ expectations of $3.26 billion. During the same quarter in the previous year, the business posted $1.31 EPS. J.B. Hunt Transport Services’s revenue for the quarter was up 19.4% on a year-over-year basis. As a group, equities analysts predict that J.B. Hunt Transport Services will post 7.69 EPS for the current year.

J.B. Hunt Transport Services Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, August 21st. Investors of record on Friday, August 7th were given a dividend of $0.45 per share. The ex-dividend date of this dividend was Friday, August 7th. This represents a $1.80 annualized dividend and a yield of 0.8%. J.B. Hunt Transport Services’s dividend payout ratio is 25.50%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in JBHT. BlackRock Inc. acquired a new stake in shares of J.B. Hunt Transport Services in the 2nd quarter valued at approximately $1,833,602,000. Janus Henderson Group PLC increased its holdings in J.B. Hunt Transport Services by 1.1% during the first quarter. Janus Henderson Group PLC now owns 3,982,720 shares of the transportation company’s stock worth $843,937,000 after buying an additional 41,887 shares during the last quarter. Jupiter Topco LLC bought a new stake in J.B. Hunt Transport Services during the second quarter worth $891,349,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in J.B. Hunt Transport Services by 64.7% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,056,398 shares of the transportation company’s stock worth $305,753,000 after acquiring an additional 414,837 shares in the last quarter. Finally, Norges Bank acquired a new stake in J.B. Hunt Transport Services in the fourth quarter valued at $200,587,000. Institutional investors and hedge funds own 74.95% of the company’s stock.

Key J.B. Hunt Transport Services News

Here are the key news stories impacting J.B. Hunt Transport Services this week:

• Positive Sentiment: Several analysts still see long-term upside. Raymond James and Baird maintained “outperform” ratings despite reducing their price targets to $300 and $290, respectively, while Citizens JMP upgraded JBHT to “outperform” with a $300 target. J.B. Hunt’s Stock Plunges After Market Misprices Profit Warning
• Positive Sentiment: The bullish case rests on a structural shortage of qualified truck drivers, expected retirements and tighter industry capacity. These factors could eventually support higher freight rates, market-share gains and improved profitability if demand strengthens and pricing catches up with costs. J.B. Hunt’s Stock Plunges After Market Misprices Profit Warning
• Neutral Sentiment: Analyst opinion remains mixed. Wells Fargo lowered its expectations, and other firms trimmed targets, but the broader consensus remains around Moderate Buy. The average of recently revised targets is approximately $288.50, indicating analysts view the selloff as potentially excessive while acknowledging near-term execution risk. Wells Fargo Lowers Expectations for J.B. Hunt
• Negative Sentiment: The earnings warning is the primary pressure on JBHT. Investors are concerned that labor, fuel and insurance-related costs will erode profit even as freight demand improves, raising the risk of additional earnings-estimate cuts. J.B. Hunt Stock Down 13%: Here’s Why
• Negative Sentiment: The warning also intensified concerns across the trucking industry, where weak pricing and persistent cost inflation have pressured peers. Investors may remain cautious until J.B. Hunt’s next earnings report confirms whether improved supply-demand conditions can offset the cost increases. J.B. Hunt Faces Persistent Cost Pressures

J.B. Hunt Transport Services Company Profile

J.B. Hunt Transport Services, Inc is a transportation and logistics company headquartered in Lowell, Arkansas. Through its operating segments, the company provides freight transportation, logistics and supply-chain services to customers across North America.

Its principal businesses include intermodal transportation, which combines rail and trucking; dedicated contract services, which provides customized transportation and fleet-management solutions; and integrated capacity solutions, which matches customer freight with available transportation capacity.